Solidion Technology insiders buy shares at $7.11 to $7.20

  • Solidion executives and board member Karin-Joyce Tjon purchased company shares.
  • Karin-Joyce Tjon bought 5,000 shares at $7.20 each, the largest purchase.
  • Solidion authorized a $1 million buyback and appointed Winters chairman effective Sept. 16.

Solidion Technology Chairman and CEO Jaymes Winters, CFO Vlad Prantsevich and board member Karin-Joyce Tjon bought company shares at prices ranging from $7.11 to $7.20. Their purchases increased their holdings to 4,709, 3,455 and 17,853 shares, respectively, representing 0.05%, 0.04% and 0.20% of issued share capital. Solidion shares rose 15.27% to $7.85 at publication, despite a roughly 0.4% decline in the Industrials sector, while the S&P 500 gained 0.9% and the Nasdaq rose 1.69%. The purchases followed board changes effective Sept. 16, including Winters becoming chairman while retaining the CEO role and Schwartz being appointed lead independent director. The board also authorized a stock repurchase program of up to $1 million, effective Sept. 13, that can continue until the authorization is used, March 14, 2028, or earlier termination by the board. Solidion's Momentum score was 51.12, indicating a neutral position in the Benzinga Edge scorecard.

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